BTH 4.17% 11.5¢ bigtincan holdings limited

Ann: Escrowed shares release, page-5

  1. 1,416 Posts.
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    Bad! Always bad for the SP.... just look at WSP when they were released for them, lost about 35%. Also DTC lost about 10% before eventually recovering. In this instance there are nowhere near as many as WSP but this is about 2 days volume, so there could be 3 options. 1. Sell on the market, which puts pressure on the SP due to the illiquidity, 2. Cross trade, which would likely be at a discount, meaning the buyer will likely sell them on market anyway putting pressure on SP, or if we are lucky an investor who wants a big stake in BTH and doesn't sell. 3. The people who hold the escrow shares sell some but keep the majority, if they want to remain large shareholders. Personally, I will prob sell a bit of my holding before they are released at the hope of buying them cheaper.
 
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11.5¢
Change
-0.005(4.17%)
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12.0¢ 12.5¢ 11.5¢ $51.71K 440.5K

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No. Vol. Price($)
4 65941 11.5¢
 

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Price($) Vol. No.
12.0¢ 29340 2
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